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jessica is here talking about the headlines. >> good morning to both of you. investors will be focusing on the job market yet again when we get the latest unemployment numbers out of the government. investors also hoping for better earnings news after we saw problems with alcoa. shares fell on the aluminum company's cautious onlook mostly because -- outlook mostly because of a slowdown in china. the dow dropped 128 points in trading. the nasdaq was off by 13 points and the s&p 5 hundred was down by -- 500 was down by about 9. this is coming as better news. the u.s. economy grew modestly in september. the federal reserve says its latest assessment of economic conditions shows an improving housing market, helping many areas of the country last month. at the same time consumer spending was flat or up just slightly. in most of the regions surveyed. >>> more people struggling financially are staying in their homes. foreclosure activity fell in september to a five-month low. according to realty track, california, michigan and georgia saw the biggest drop since foreclosure. that offset a jump
this morning. >> i'm jessica doyle in for andrea roane. thank you for joining us on columbus day. >> howard bernstein live this morning. >> reporter: good morning. some areas you might even need light gloves. clouds are rolling back in after having some breaks overnight. it is a day for a coat, you are going to need it, maybe some rain gear as we head into the afternoon hours. >>> here's a look at our day planner, temperatures 46 in town. 52 by noon. north and west of town we might even see a raindrop or two by then. showers with highs of 54, back to 52. this is a look at yesterday afternoon and evening's rain which delayed the start of the baltimore game. clouds are moving in quickly. that is why we are looking at the threat for showers. 36 in frederick right now. 36 in winchester and cumberland. 50 on the bay in annapolis. got a seven day forecast, here's monika with timesaver traffic. >> reporter: we have been telling you about the police activity in silver spring. that does continue inside the beltway, northbound georgia avenue is affected as well. right lane blocked right before you ge
:48. >> thank you, monika. >>> it's 4:42. time for the first your money segment ever the morning. >> jessica is -- of the morning. >> jessica is here. we didn't do so well. >> no. we're not there, folks. part of the problem the international monetary fund says the global economy is getting worse. the imf says the downturn is starting to spread from europe and asia to developing nations. wall street didn't like that. checks the numbers. the dow standes this morning 13,473, dropped 110 points in trade yesterday. nasdaq was down. got hammered too, down by 47 points. the s&p 500 was down by 14. alcoa kicked up earnings season. the aluminum giant reported better than expected profits and sales for the third quarter. investors will be watching shares at the opening bell in just about four hours. fingers crossed. >>> much of wall street appears to be throwing its financial support behind mitt romney. the six biggest banks have all given nearly $2 million to romney's presidential campaign. that's about 40% more than president obama's $700,000 in contributions. this is interesting. it's a switch in c
:12. jessica doyle is back and she has another your money report. >> she says look out, drivers. there's something you need to be aware of this morning. >> that's right. this morning goes out to people who have had an air bag replaced in the last three years. if this is you, auto industry officials say the national highway traffic safety administration has alerted them that thousands of car owners may be driving vehicles with counterfeit air bags. some of those air bags can actually fail to inflate. an official announcement could come as soon as today on the story. we will keep you covered on this one. >>> need a cab? there's a new app for that. today my taxi launches here in d.c., itself first city in the u.s. to get the popular system from europe. you heard how the system works first this morning right here on 9news now. >> press the button and then you see all the taxis around you. the first one accepts your request. you can follow on the screen when the taxi is arriving, where the taxi is at and you have a countdown showing you when to go outside so you don't have to wait in the ra
attention. more at 4:47. >>> time for your first money segment of the morning. >> the lovely jessica doyle. >> good morning. let's hope the pink helps wall street. we'd like that. it's a happy clorp. we'd like happy news. stocks were lower after the world bank warned asia's economies won't grow as much as expected this year. investors also waiting for earnings news this week from some of the biggest u.s. companies. checking the numbers, the dow starts this morning at 13,583. dropped nearly 27 points in trading yesterday. nasdaq bad day, down 23 points. the s&p 500 was off by 5. a congressional panel says two chinese telecom firms pose a security threat to the united states. the panel says the year long investigation found wawway and zte should be barred from any acquisitions and mergers. the chinese companies deny the allegations calling them dangerous political distractions. >>> the makers of coke, pepsi and dr. pepper are introducing new vending machines that display the number of calories that contain -- that the drink contains. they're in response to growing concerns about sugary soda
of the morning. >> here's jessica doyle with the headlines. another three-digit loss. >> not a good day. we're hoping for better. wall teet is focusing -- wall street is focusing on the profits. they did not like what they saw of alcoa. shares fell after the aluminum company said it's cautious about the company's financial outlook mostly because of the slowdown in china. check be the numbers, the dow stands this morning at 13,344. dropped 128 points in trading. nasdaq was off by 13. s&p 5 hundred also a bad day -- 500 also a bad day off by 9. the c.e.o. of jpmorgan chase is sounding off about taxes. jamie diamond says he's -- die monday says he's willing to pay a higher rate for lower corporate taxes so businesses can compete better globally. dimond joined several c.e.o.s. the u.s. faces a fiscal cliff of $600 billion in tax hikes and spending cuts. if congress doesn't take action by the end of the year. >>> investors seem to like fed ex' new cost cutting plan. it promises to boost profits by $1.7 billion over three years. the company plans to cut jobs, reduce its aircraft fleet, and sell s
of meningitis is not contagious. >>> it's 6:06. jessica doyle is here with another your money report. good morning. >> good morning. we have big development news in montgomery county to the tune of $100 million. that's pretty big. that development could soon have the bulldozers back in action around rockville town center. montgomery county executive ike leggett just announced plans for a new choice hotel across from regal cinemas. >> this is an exciting time for rockville. it is an exciting time for montgomery county. we are delighted to have choice here and the expansion by its hotel and its headquarters. this will be a synergy of economic development tied to the ongoing development in the investment of the county -- investment the county and city have made over the last several years. >> it's aimed at spurring economic growth. leggett is saying the development will generate over $10 million for the county. >>> wal-mart and american express teaming up on a new reloadable prepaid card. it's called blue bird and it offers no minimum balance and no monthly annual or overdraft fees. this is a
Search Results 0 to 6 of about 7

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